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Tom Lee Predicts TimeLine For Ethereum To Reach $12,000

Abdulkarim Abdulwahab
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Tom Lee Predicts TimeLine For Ethereum To Reach $12,000

Ethereum is now within striking distance of its all-time high, trading just 4% below the record. Fundstrat’s Tom Lee believes the rally is far from over.

According to Lee and Sean Farrell, Head of Digital Asset Research at Fundstrat, ETH could surge to $10,000 before the end of 2025. They added that extended momentum could even push ETH as high as $12,000 to $15,000.

Ethereum Now Outpaces Bitcoin in 2025 Gains

Amid the ongoing Ethereum bull run, the altcoin king now boasts a year-to-date gain of 41%, trading at $4,694. This outpaces Bitcoin’s 30% gain since January.

Fundstrat’s analysis noted that ETH has surged by over 78% in just the past eight weeks. Meanwhile, during the same period, BTC is up only 15%, trading at $121,000. According to Lee, Ethereum’s price surge reflects growing recognition that it is “arguably the biggest macro trade over the next 10–15 years.”

He points to Ethereum’s dominant role in powering stablecoins and institutional blockchain projects as a key driver.

Wall Street’s Shifting to the Blockchain

Lee’s long-term bullish outlook is further supported by major structural changes in the financial sector. The recently passed GENIUS Act, which formalizes the use of stablecoins, along with the SEC’s Project Crypto, is accelerating Wall Street’s migration to blockchain infrastructure. Much of this is being built on Ethereum.

To the BitMine Chairman, this change is creating a multi-decade investment opportunity similar to the early days of the internet. “Wall Street is financializing on Ethereum,” Fundstrat’s analysis noted. 

As a result, they expect Ethereum to reach a $1.8 trillion market cap, with a $15,000 price target by December 2025.

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ETH Treasury Stocks Offer Leveraged Exposure

To gain exposure to ETH beyond direct purchase, Lee highlights ETH ETFs and Ethereum treasury stocks. These are companies and funds holding significant ETH reserves that could act as leveraged plays on price gains.

He listed Bitmine (BMNR), which holds more than 1.15 million ETH and ranks as the world’s largest ETH treasury. Other notable examples include The Ether Machine (DYNX) and Sharplink Gaming (SBET), with a combined ETH holding exceeding $4 billion.

Early Days for Institutional Adoption

Meanwhile, Lee notes that only 9% of fund managers currently hold crypto, compared to 48% who own gold, according to the latest BofA Fund Manager Survey. He believes this highlights just how early the adoption curve still is. 

Fundstrat’s core investment basket now includes the “MAG7,” Bitcoin, and Ethereum. Lee remains confident that both the broader markets and crypto will reach record highs before the year ends.

Billionaire Mike Novogratz Applauds XRP Army, Says Their Loyalty Matches Bitcoin’s Fanbase

Sam Wisdom Raphael
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Billionaire Mike Novogratz Applauds XRP Army, Says Their Loyalty Matches Bitcoin’s Fanbase

Galaxy Digital CEO Mike Novogratz has again commended the XRP Army for their resilience, saying their loyalty rivals that of Bitcoin supporters. 

Speaking with Coin Stories host Natalie Brunnell, he described XRP proponents as one of the most passionate and committed groups in the entire crypto industry.

In a session of the discussion, Novogratz asked Brunnell why she thought XRP had managed to survive for so long. Brunnell said it came down to strong marketing and significant funding. When Novogratz pressed her on where that funding came from, she suggested it was the result of token sales and an initial coin offering. 

That point wasn’t entirely accurate, as Ripple never held an ICO, and XRP existed before Ripple emerged as a company. However, Ripple does fund operations by periodically selling part of the XRP it received as a gift early in the token’s history.

Novogratz Commends the XRP Army

Novogratz pointed out that the so-called “XRP Army” shows the same level of dedication to their token as Bitcoiners do to theirs. This aligned with his comments earlier this year, suggesting that XRP has survived because of its community.

In his latest commentary, Novogratz called the crypto industry deeply tribal and said these communities thrive on shared beliefs and identity. Using himself as an example, he noted how he has tattoos of both Bitcoin and Terra Luna, symbols of his own connection to crypto tribes.

He admitted that he once believed Bitcoin stood alone as digital gold, while other cryptocurrencies needed real-world utility to have value. Over time, he realized that the true driver behind crypto’s success is a global breakdown in trust, which took root after the 2008 financial crisis when Bitcoin’s whitepaper appeared.

Novogratz noted that while he still considers Bitcoin a favorite, other cryptocurrencies succeed because their communities care just as deeply. He pointed to Cardano’s $8 billion market cap and how anyone would receive sharp criticisms for attacking the project.

Notably, he credited Ripple CEO Brad Garlinghouse with building a strong following, though Garlinghouse himself has admitted he’s not entirely sure where the XRP Army originally came from.

Moreover, Novogratz acknowledged attorney John Deaton for his role during Ripple’s battle with the SEC. Deaton, who had no early ties to Ripple, fought for XRP holders in court and posted online almost constantly during the case. Novogratz said that level of dedication is what makes communities like XRP’s so powerful.

Community is Essential for Survival

He argued that crypto has brought the idea of community into investing in a way traditional stocks never have. Novogratz compared XRP supporters to the loyal fanbases of Tesla or Palantir, noting that no one talks about being in an “Oracle Army” despite Oracle’s massive success. 

He believes the rise of crypto communities links to people losing trust in traditional systems, and that loyalty like this can’t be manufactured by companies alone.

Novogratz admitted that not every token will last as long as Bitcoin, but said the endurance of many has in the past surprised him. He pointed out that XRP remains one of the top tokens by market value, with supporters choosing to put their hard-earned money into something they believe in, whether they’re salespeople, engineers, or chefs.

Speaking further, he also advised Bitcoin advocates to keep their message focused on Bitcoin being digital gold and protection against the decline of fiat currency. To him, Bitcoin doesn’t need to be marketed as anything else, and other blockchains like Ethereum or Celestia can tell their own stories.

Novogratz’s Growing Stance on XRP and the XRP Army

These remarks show just how far Novogratz has shifted on XRP. In a podcast two years ago, he shared that he doubted XRP’s staying power and questioned Ripple’s control of about 60% of the supply. The billionaire admitted he was completely wrong, acknowledging the XRP Army’s commitment had proved him mistaken.

Earlier this year, after XRP’s surge following Donald Trump’s 2024 election win, Novogratz again conceded that he was wrong in his skepticism. He also said the strength of the XRP community is what has kept XRP relevant in its over a decade of existence.

Vietnam to Launch First State-Backed Crypto Exchange

Mark Brennan
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Vietnam to Launch First State-Backed Crypto Exchange

Vietnam is set to launch its first homegrown cryptocurrency exchange.

This comes following a partnership between the Vietnamese state-controlled Military Bank and the operators of South Korea’s Upbit exchange, Dunamu.

Local media outlet The Korea Herald today reported that Military Bank and Dunamu signed an agreement in Seoul confirming their interest in developing Vietnam’s first domestic crypto exchange.

Military Bank’s involvement in the project makes the upcoming exchange a state-linked initiative. The Ministry of Defense introduced the Military Bank in 1994, with the aim of providing credit to armed personnel in Vietnam. Since its launch, the bank has expanded its footprint in the country, serving 33 million clients.

Dunamu’s Expertise to Play a Crucial Role

On the other hand, Dunamu’s expertise in crypto exchange operations comes into play. As the operator of Upbit, Dunamu has elevated the platform to the fourth position in the global crypto exchange rankings.

It currently ranks behind Coinbase, Bybit, and Binance. At press time, Upbit boasts $3.94 billion in volumes over the past 24 hours. Therefore, Dunamu’s expertise is expected to play a crucial role in developing and operating the Vietnamese state-linked exchange.

Notably, under the MoU, Dunamu will act as Military Bank’s technological partner, providing the necessary infrastructure, tech, and compliance guidance.

The Upbit operator will also provide Military Bank with guidance on establishing the necessary investor protection measures on the exchange while helping to develop employees’ talent.

Besides contributing to the success of Upbit, Dunamu has been instrumental in shaping South Korea’s crypto regulatory landscape. Dunamu has consistently advocated for clear rules for the country’s digital asset space, despite facing intense regulatory scrutiny.

Vietnam Recognizes Crypto Assets

Meanwhile, the initiative comes less than two months after Vietnamese lawmakers passed a law recognizing cryptocurrencies and non-fungible tokens (NFTs).

In a meeting with the Vietnamese government, Dunamu’s co-founder Kim Hyoung-nyon pledged the firm’s dedication to fostering the country’s digital economy vision.

In line with this vision, the Vietnamese government rolled out its official blockchain platform, dubbed NDAChain, to provide a secure and high-performance infrastructure for logistics, healthcare, and education.

Eric Trump Responds to Critics As Ethereum Soars Past $4,600

Mark Brennan
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Eric Trump Responds to Critics As Ethereum Soars Past $4,600

Eric Trump, the pro-crypto son of the US president, has responded to criticism of his February Ethereum recommendation following the recent ETH price surge.

The rebound comes just over two months after ETH hit a low of $1,573. Eric Trump aimed his latest post at crypto commentator Ashley D Can, who had publicly mocked his earlier call.

 

Eric Trump’s February Recommendation and June’s Criticism 

Notably, on Feb. 3, Eric Trump took to X to encourage investors to buy Ethereum, expressing confidence that the move would pay off in the future. At that point, Ethereum was trading at $2,919.

The remark attracted attention from the cryptocurrency community, with some agreeing and others skeptical of the timing.

In a twist of events, ETH’s price fell sharply to $1,573 by June 3. Ashley responded to Trump’s February post by warning that those who followed his advice had served as “exit liquidity,” suggesting that the call had benefited others selling at higher prices.

August Recovery and Eric Trump’s Response

Interestingly, Ethereum’s price has more than doubled from its June low. As of this, ETH is trading at $4,696, a 7% surge in the past day. The Ethereum rally has now seen a 31% and 54.2% surge in the past week and month, respectively, in what Benjamin Cowen dubbed the Ethereum season. Notably, Ethereum is now closing on its all-time high $4,891 recorded in November 2021.

Eric Trump has now responded to Ashley, questioning her earlier criticism and suggesting she should reconsider her place in the industry. 

Notably, this is not the first time Eric Trump has come out hard on anyone against Bitcoin and Ethereum. Last week, Trump expressed satisfaction over Ethereum short sellers facing losses, warning that betting against Bitcoin and Ethereum would end badly for traders.

His position came as Ethereum climbed past the $4,000 mark, its highest since December 2024, triggering the liquidation of roughly $105 million in short positions. 

What’s Fueling the Ethereum Surge?

Investors’ demand for Ethereum has surged, marked by six consecutive days of spot ETH ETF inflows totaling $2.3 billion, including a $1 billion single-day record on Monday. This gives Ethereum a $1.5 billion lead over spot BTC ETFs since July.

Ethereum ETF flow
Ethereum ETF flow

Corporate treasuries now hold more than $16.5 billion in ETH, spearheaded by BitMine Immersion Technologies’ 1.2 million ETH position, worth $5.33 billion. SharpLink Gaming comes second with 598,800 ETH after a 177% uptick in the past month.

Ethereum price action
Ethereum price action

What is Next for Ethereum?

Meanwhile, a chart shared by analyst Jelle noted Ethereum trading above a bullish megaphone formation, with upside projections ranging from $7,000 to $13,000. He said ETH has just one final resistance level to clear, with price discovery less than 5% away, suggesting that it could soon embark on its next significant rally. Meanwhile, media personality Jake Gagain had predicted Ethereum would surge to $5,350.

Standard Chartered Revises Ethereum Year-End Target From $4,000 to $7,500, Predicts $25,000 by 2028

Elendu Benedict
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Standard Chartered Revises Ethereum Year-End Target From $4,000 to $7,500, Predicts $25,000 by 2028

Standard Chartered has flipped bullish on Ethereum, revising its previous 2025 target upwards by 87.5% to $7,500 amid escalating institutional presence.

The banking giant told investors today that a whole lot has changed since its last $4,000 year-end projection for Ethereum in March. Institutional presence has picked up, and a new stablecoin use case has emerged. As a result, the firm has revisited its forecast.

Standard Chartered now expects Ethereum to surpass its 2021 peak of $4,891 and continue to much higher prices this year. Specifically, it predicted a surge to $7,500, 87.5% away from its previous target and 59% away from its current price of $4,707.

Institutional Interest Fuels Ethereum Target Upsize

Meanwhile, Standard Chartered highlighted that Ethereum has seen increased institutional interest, a major catalyst for recent price success. The emergence of Ether treasury companies and their incessant acquisitions is weighing on supply and would fuel the expected upside.

For context, these firms have claimed 2.95% of Ethereum’s total supply, outpacing the buying spree of their Bitcoin counterparts by almost double during the 2024 US election cycle. Leading this Ether acquisition is Bitmine, which has increased its holding to 1.2 million ETH ($5.4 billion). SharpLink also holds approximately 598,800 ETH ($2.82 billion), with Ether Machine accruing 345,400 ETH ($1.63 billion).

Further supply shock is also coming from the US Ethereum spot ETFs, which recorded their largest single-day inflow of $1.02 billion on August 11. Together, the ETFs and treasury firms have accrued 3.8% of Ethereum’s supply since the start of June.

Stablecoin and DeFi Boom Further Propellants

The British bank also mentioned that the stablecoin buzz and Ethereum’s dominance in the sector would also fuel this Ethereum rally. Policy shifts like the passage of the GENIUS Act in July would create a clear regulation for the sector, driving institutional adoption.

It noted that the stablecoin sector will grow to $2 trillion by 2028, and Ethereum’s over 50% share of the industry would spur demand for it. Furthermore, stablecoins account for 40% of all network fees, and Ethereum would receive a significant portion of these fees, boosting revenue and prices.

Notably, Fundstrat CIO Tom Lee has earlier mentioned these stats, predicting that the trillion-dollar potential stablecoin sector and Wall Street convergence on Ethereum make it the biggest macro trade of the next decade.

Ethereum Targets $25,000 by 2028

Nonetheless, Standard Chartered projected sustained Ether price growth beyond $7,500 this year. It forecasted a rally to $12,000 by 2026 and $18,000 by 2027.

Ethereum would further increase to $25,000 in 2028 and maintain the price range in 2029, according to the financial institution. It also expects Ethereum to maintain an average 0.0445 valuation against Bitcoin in the new four-year projection.

Interestingly, others project a more bullish price action for Ethereum. Analyst Mr Xoom says Ether could reach $10,000, and Lee projected $15,000 by the end of the year.

Here’s The New Timeline for XRP and Cardano ETF Approvals

Elendu Benedict
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Here’s The New Timeline for XRP and Cardano ETF Approvals

Nate Geraci, the president of NovaDius Wealth Management, has projected a new timeframe for the approval of XRP and Cardano ETFs.

The year is quickly winding down, and the expectations of the launch of other altcoin ETFs are still high. Geraci has further fuelled that optimism, citing the last catalyst for a wave of new altcoin ETF approvals by the US Securities and Exchange Commission.

Geraci Provides Timeline for New Wave of Altcoin ETFs

The NovaDius president highlighted that the three major stock exchanges in the US—the NYSE, Nasdaq, and CBOE—have all filed with the US SEC for generic listing standards for crypto ETFs. He noted that this would provide the exchanges with a clear requirement for listing specific crypto ETFs, further streamlining the approval process.

Furthermore, these exchanges have submitted 19b-4 applications with the SEC on behalf of several asset managers for multiple altcoins. Currently, the Wall Street top regulator is considering over 75 crypto ETF filings, with XRP, Solana, and Cardano ETFs in the mix.

Geraci noted that “the floodgates will open” when the US SEC implements the standardized frameworks for crypto ETF approvals. In clear terms, the commission will sanction the XRP and Cardano ETFs, among others, once it implements the new listing rules.

Interestingly, he predicted that it wouldn’t be long before this happens. He projected that the implementations would occur in the next 2 months or so, ushering in a “boatload” of new crypto products into the traditional market.

Monster Demand for Crypto ETFs

Meanwhile, the imminent XRP and Cardano products could benefit from the growing demand for crypto ETFs, spurred by regulatory tailwinds. Geraci emphasized this point while highlighting the monster demand seen in existing products.

He stated that crypto ETFs have had a blossoming year thus far, with over $26 billion in inflows recorded. Notably, $19 billion of those have gone into the Bitcoin spot ETFs and $7 billion into the Ethereum spot ETFs.

Furthermore, a considerable chunk of this demand came recently as Bitcoin ETFs attracted $6 billion and the Ethereum product $5.5 billion in July. Again, the Ethereum ETFs have seen five of their best-performing days since last month, as interest in the investment vehicle picks up massively.

The fuel for this latest traction, according to Geraci, is the regulatory tailwind the crypto industry is experiencing under the current regime. He noted that this has given institutional investors the required assurance to allocate to the crypto industry.

Geraci mentioned catalysts like the passage of the GENIUS Act, the progress made with the CLARITY Act, and the approval of in-kind creation and redemption of Bitcoin and Ethereum ETFs. The US SEC also recently launched Project Crypto, with Chair Paul Atkins pledging to bring the financial market on-chain, adding to the appeal for the sector.

He added that this has fueled demand for crypto products and could continue to do so even for imminent vehicles. This aligns with an earlier outlook from JPMorgan, which estimated that the XRP and Solana ETFs could attract between $3 billion and $8 billion.

Odds of XRP and Cardano ETFs

Meanwhile, prediction site Polymarket has given an insight into the chances of approval for the XRP and Cardano spot ETFs. Per the website, the odds of a Cardano spot ETF in 2025 are 85%, up from 63% a week ago.

For the XRP spot ETF, there is a 79% chance of approval from the investment vehicle before December 31, 2025. This has also increased from 66% on August 7.

Analyst Has Identified the Resistance Level Keeping Bitcoin Away from $150,000

Mark Brennan
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Analyst Has Identified the Resistance Level Keeping Bitcoin Away from $150,000

Bitcoin is trading just below a crucial resistance level after multiple failed daily close attempts. Analyst Crypto Patel says a daily close confirmation will decide the next move.

$120K Emerges as Bitcoin’s Make-or-Break Level

In a post on X, Crypto Patel described $120,000 as a decisive level for Bitcoin, noting that a close above it could open the path toward $150,000. 

However, he noted that a failure to break through may lead to a drop to $111,000 and even to $100,883. He pointed to repeated daily close rejections at this price zone as evidence of its strength as resistance.

Crypto Patel bullish on Bitcoin
Bitcoin 1D Chart | Crypto Patel

Notably, Bitcoin recorded an all-time high of $123,000 on July 14 after recovering from a major move below $100,000 in June. However, following the resistance at $123K, BTC declined to $111,943 on August 3 before settling at its current price. The $120K zone has now capped price advances since late July. Multiple daily candles have touched or neared the level between July and August without closing above it.

As of this press, Bitcoin is trading at $119,932, a 1% gain in the past day, increasing its weekly run to 5.1%. From the daily chart shared by the analyst, Bitcoin reached a high of $120,146.6, falling just short of the marked resistance at $120,264.

Other Analysts Predict Next Bitcoin Move 

Meanwhile, a chart shared by crypto expert Crypto Rover shows Bitcoin is flashing a strong bullish signal after completing and confirming an inverse head and shoulders pattern on the daily chart, with the neckline in the $110,000–$113,000 range now acting as key support. 

Crypto Rover predicts Bitcon move
Crypto Rover predicts Bitcoin move

Following a breakout in late July and a successful retest in early August, the price has rebounded to the current price. Technical projections pointed towards the $130,000 level if momentum continues, a price analyst Jelle earlier predicted. Crypto Rover is super bullish on Bitcoin’s trajectory, which could see Bitcoin reaching a new all-time high if it clears resistance at $121,500–$123,000. 

Bull Flag Breakout Signals Further Upside Potential

Also, Bitcoin has confirmed a bullish breakout after daily closing above the top of a multi-week bull flag and flipping the $117,800–$118,300 zone into support. Analyst Rekt Capital highlighted that BTC has also logged its first-ever daily close above the $120,000 level, positioning the price for a potentially volatile retest of this key psychological and technical threshold. 

Rekt Capital predicts Bitcoin move
Rekt Capital predicts a Bitcoin move

A sustained hold above $120,000 will likely open the door toward $123,000–$125,000, while failure to defend the $118,000 support could risk invalidating the breakout.

Interestingly, XForce Global had earlier pointed to a possible short-term Bitcoin pullback after a 5-wave impulse from $112K to $122K, but keeps a bullish outlook. He noted that Bitcoin holding above the $115,000 could set up a rally past $121K–$123.5K toward $140K–$148K in a larger wave three. Notably, his prediction is similar to analyst CrediBULL’s $150,000 projection. 

XRPL Validator Shares Transaction Data Allegedly Showing XRP Price Manipulation

Sam Wisdom Raphael
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XRPL Validator Shares Transaction Data Allegedly Showing XRP Price Manipulation

Grapedrop, an XRP Ledger (XRPL) validator, has revealed what he believes could be signs of XRP price manipulation. 

In a recent disclosure on X, Grapedrop confirmed that since launching his XRPL validator on July 12, 2025, he has tracked blockchain activity that raised concerns about market manipulation.

XRPL Validator Warns of XRP Price Manipulation 

He pointed out that while the XRPL network has about 1,000 nodes worldwide, only 150 to 170 actively validate transactions on the main network, and his is one of them. With this access, he began monitoring transactions in real time. 

The community commentator revealed that he built a Python tool that flags any XRP payment larger than 10,000 tokens. He insisted that the results were hard to ignore, as large transfers continued to move tokens every few minutes.

Some of the transactions he tracked involved 49,900 XRP, 67,655 XRP, and even 146,757 XRP. He claimed many of these high-value transfers linked back to exchange addresses such as Bitget and other platforms. To him, these amounts exceed normal retail trading behavior, suggesting coordinated or institutional activity.

Grapedrop argued that such movements matter because crypto prices often rely on volume-weighted averages. As a result, if the same players shuffle large amounts of XRP between exchanges, a practice known as wash trading, they could inflate reported volumes, influence price indexes, and market cap data. 

He warned that this could create the illusion of higher demand, trigger algorithmic trading bots, shift market sentiment, and, in thinner markets, even push prices slightly. Grapedrop noted that while wash trading is banned in traditional finance, the crypto markets still lack consistent enforcement, leaving space for manipulation.

Large Transactions Do Not Always Point to Manipulation

However, this theory is not conclusive. Specifically, while large transactions could point to manipulation, they are not definitive signs. Notably, exchanges, market makers, and institutional players often move significant funds for routine operations such as liquidity management, internal transfers, or settling accounts. 

On-chain data also doesn’t always reveal who controls a wallet or why a transaction occurred. Without direct evidence that these transfers link to coordinated trading activity, the possibility remains that these transactions are legitimate market movement rather than price-rigging. However, there is no confirmation.

Previous Comments on XRP Price Manipulation

Grapedrop’s comments join a list of accusations from others who believe XRP’s price has continued to face manipulation. In October 2023, market commentator WallStreetBulls claimed that the wealthy elite were actively manipulating the XRP price to keep it down. At the time, XRP traded for $0.48.

Also, in December 2023, XRP suffered a massive 7% crash below $0.6 within an hour, leading to questions. Speaking on the event, market analyst EGRAG argued that the price action was the result of price manipulation.

Over the years, critics have also accused Ripple of using trading bots to control XRP’s price, a claim the Ripple CTO David Schwartz has rejected. Others argue that Ripple’s monthly escrow releases put downward pressure on the token’s value. 

Expert Says Only Few Will Be Able to Retire With XRP Historical Pump, But Majority Will Become Exit Liquidity

Abdulkarim Abdulwahab
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0
Expert Says Only Few Will Be Able to Retire With XRP Historical Pump, But Majority Will Become Exit Liquidity

Technical analyst Jaydee is renewing his warning to XRP holders as the coin prepares for a massive historical pump.

Jaydee noted that the upcoming surge could mirror XRP’s legendary 2017 rally. However, he cautioned that while a small group of traders might walk away with life-changing profits, the majority risk becoming exit liquidity for “smart money.”

XRP Historical Pump

According to Jaydee’s chart, XRP is building toward a breakout that could surpass recent price action. For context, XRP has surged approximately 650% since its November breakout, reaching a local high of $3.66. He believes further gains of up to $21 are possible.

Jaydee predicts that once the rally peaks, the market could repeat its historical pattern: a sharp, parabolic rise followed by a devastating crash of more than 90%, trapping latecomers at the top.

“The majority will lose,” the technical analyst warned, adding, “Some may be able to retire.”

History Points to a Harsh Reality

Jaydee’s warning draws from XRP’s 2017–2018 cycle, during which it skyrocketed from under $0.0060 to over $3 within a year. From the initial breakout in 2017, XRP posted a staggering 70,000% surge by the end of the rally.

As XRP neared its $3+ peak, Jaydee recalls, optimistic investors or “moon boys” were calling for aggressive price targets like $589, frequently repeating the phrase, “know what you hold.”

However, just weeks after peaking in January 2018, XRP crashed by 95%. In perspective, just 14 days after hitting $3.84, the price had tanked to as low as $0.8978.

From that point onward, XRP struggled to regain momentum. Its situation worsened with the SEC lawsuit, which drove the price down to $0.17 in December 2020.

Jaydee’s annotated chart compares that historic run to the current long-term setup, highlighting similar consolidation patterns and breakout structures.

According to his analysis, retail investors who hold on for too long may again find themselves at the mercy of institutions and seasoned traders selling into the frenzy. He is projecting another potential 95% crash scenario. 

Jaydee’s XRP weekly chart
Jaydee’s XRP weekly chart

Notably, other bullish XRP analysts such as EGRAG acknowledge this possibility. In an analysis last month, EGRAG suggested XRP could peak at $27 before crashing to $0.80, or peak at $9 and drop to $1.30.

“This Time Is Different”

Meanwhile, not everyone in the XRP community shares Jaydee’s bearish outlook. Responding to his comments, trader Moon Jay argued that XRP’s evolving role as a utility asset could lead to different market dynamics.

He claimed that institutions acquiring XRP for cross-border payments and financial infrastructure are unlikely to dump their holdings the way speculative traders did in the past.

“Retail ownership means nothing,” Moon Jay said, adding, “We won’t move the needle when people take profit.”

Still, Jaydee’s warning aligns with the long-standing fear in the crypto market. When the hype reaches its peak, most traders are left holding the bag.

Here’s Why This Analyst Sees $3.9 Price Target For Cardano

Mark Brennan
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Here’s Why This Analyst Sees $3.9 Price Target For Cardano

Cardano investors could be in for a high-profile win this year, according to analyst Christopher Visser, who sees ADA approaching a critical breakout point after years of consolidation.

In recent video updates on X, Visser pointed to multiple technical indicators that he said aligned to create a rare bullish setup. 

Currently, ADA is trading at $0.8526, up 9.0% in the past day, as it extends its weekly rally to 18%. On the daily chart posted by the analyst, the token has been moving within a massive wedge pattern, bound by a descending resistance line dating back to 2021 and a long-term support base near $0.23.

ADA targets $39
ADA targets $39

The current price action places ADA just below that resistance line, estimated in the $0.88–$0.92 zone, suggesting that the market is on the verge of testing a structural barrier that has capped every major rally since the peak.

Cardano’s Positive Momentum Signals

Notably, Visser stated that the daily moving average convergence divergence (MACD) crossed bullish earlier this week. The last daily cross, recorded around June 28–29, preceded a price increase of about 62%. 

At the time of his latest update, the analyst noted that the two-hour MACD had already crossed, the four-hour was going to happen, and the six-hour was “kind of close.”

ADA PRICE ANALYSIS
ADA PRICE ANALYSIS

Visser noted that in the previous rally, the daily, four-hour, and six-hour MACD crossovers all occurred on the same day. He said the current setup is “almost identical” to that scenario.

Cardano Bollinger Bands Show Volatility Compression

Meanwhile, Visser highlighted a volatility squeeze on the six-hour Bollinger Bands. He explained that the bands become tighter when the price is near their middle line, and such compression is less common on higher timeframes.

ADA's Analysis
ADA’s ANALYSIS

On his chart, the middle orange line was positioned around $0.7975 to $0.8051, less than one cent wide. He said that if the price holds near the middle for another three hours, the bands could tighten further. In previous instances, tight Bollinger Bands preceded sharp upward moves.

Cardano Price Approaches Long-Term Resistance

Visser also placed ADA’s current price action in a broader historical context. According to his chart, Cardano has spent the last four years in a consolidation phase. Price has attempted to break out twice during that time and is now approaching a third attempt. Notably, ADA reached $1.63 and $1.32 in 2022 and 2024, respectively.

Meanwhile, volume profile data in Visser’s chart showed high trading volume around $0.73–$0.74, which he identified as strong support. Above the current price, volume is thinner, indicating fewer historical trades and potentially less resistance if upward momentum continues.

ADA Price Target — is $3.9 Imminent?

Visser indicated a potential long-term price target of $3.91 if the breakout holds. This would represent a gain of more than 350% from the price at the time of his recording. Notably, ADA’s all-time high remains $3.1, recorded in September 2021. 

He said the projection is based on historical price behavior and the scale of the multi-year consolidation pattern. However, he did not specify a timeline for reaching the target.

Interestingly, Dan Gambardello had forecasted a sharp ADA rally to $3 by January 25, drawing his outlook on the token’s historic surge from Q4 2020 to Q1 2021, but this failed to materialize. Similarly, pseudonymous analyst Madmaudo declared that ADA’s price at $3 is long overdue for Cardano. Meanwhile, analyst Mintern expects a short-term rise to $2. 

ADA to $2
ADA to $2

 

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